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3C38560D17E9671787258B07006BF8E8 Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1340

HOUSE COMMITTEE ON FINANCE
Date Apr 22, 2024      
Location HCR 0112



HB24-1340 - Amended, referred to House Appropriations


01:39:24 PM  

Representatives Bird and Taggart, co-prime sponsors, presented House Bill 24-1340. The bill creates two state refundable income tax credits to encourage enrollment in a Colorado higher education institution. The bill sponsors distributed amendment L.002 (Attachment B).

01:52:53 PM  
Todd Saliman, representing the University of Colorado, testified in support of the bill. Chase Cromwell, representing University of Colorado, testified in support of the bill. Nick Lopez, representing the Latin American Educational Foundation, testified in support of the bill. Simone Ross, representing the Colorado Women’s Chamber of Commerce, testified in support of the bill. The witnesses responded to questions from the committee.
02:13:52 PM  

Bria Combs, representing the University of Colorado, testified in support of the bill. Summer Hill, representing the Denver Metro Chamber of Commerce, testified in support of the bill. Henry Sobanet, representing the Colorado State University system, testified in support of the bill. Jeff Keener, representing the South Metro Denver Chamber, testified in support of the bill. Brittany Dixon, representing Club 20, testified in support of the bill.  Additional written testimony is included as Attachment C.



02:35:22 PM
Motion Adopt amendment L.002 (Attachment B).
Moved Joseph
Seconded Kipp
deGruy Kennedy
Frizell
Garcia
Hartsook
Kipp
Lindstedt
Marshall Excused
Soper
Weinberg
Joseph
Snyder
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
02:35:26 PM  

Louis Pino, representing Legislative Council Staff, was available to answer committee questions about the fiscal note.

02:35:32 PM  
The bill sponsors made closing remarks.


02:44:46 PM
Motion Refer House Bill 24-1340, as amended, to the Committee on Appropriations.
Moved Joseph
Seconded Kipp
deGruy Kennedy Yes
Frizell Yes
Garcia Yes
Hartsook Yes
Kipp Yes
Lindstedt Yes
Marshall No
Soper Yes
Weinberg No
Joseph Yes
Snyder Yes
Final YES: 9   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS






The 2024 Statewide Ballot Information Booklet is now online